FIFA to offer members $6.35-billion development fund windfall

Yahoo Sports

Football's world governing body FIFA is planning to set up a $6.35-billion development fund for the next four years, AFP learned Wednesday from a source close to the matter.To finance this development fund for the 2026–2030 period, which would allow money to be distributed to FIFA's 211 federations as well as to the regional confederations, it would draw in part on its financial reserves after a commercially successful 2026 World Cup.